Payment by parts PrivatBank
Payment by parts PrivatBank
Payment by parts is the easiest and fastest way of lending for PrivatBank clients. The cost of your chosen goods is divided in equal instalments by the number of months available in the store for the service.
What do I need to apply for ‘Payment by parts ’?
- PrivatBank credit card ‘Universal’ or ‘Gold’), as well as elite cards for VIP clients (Platinum, World Black Edition, World Elite, Visa Infinite).
- To apply for a PrivatBank credit card online, please follow the link.
- The limit of the ‘Payment by parts ’ service is set, the amount of which is higher or equal to the purchase price (for example, if you plan to buy for UAH 20 thousand, then the credit limit should be for the same amount).
You can check the limit on the ‘Payment by parts ’ loan
- in Privat24 (menu ‘Payment by parts ’);
- in the mobile applications ‘Payment by parts ’ and ‘Privat24’;
- on the bank's website or in the contact centre at 3700.
- Money on the card to write off the first payment. At the time of placing an order on the website, only the first payment is debited from the card's credit limit, and all subsequent payments will be debited on the same day of each month until the entire amount is paid off.
The number of goods and purchases that you can make in the ‘Payment by parts ’ at the same time depends on your limit.
When is the first payment charged?
If you buy in-store, the first payment is charged when you scan your card at the checkout, and if you place an order online, the first payment is charged after you enter your card details. In both cases, the first payment is charged without a fee.
The payment is debited every month on the date you ordered the service (for example, if you purchased the goods on the 7th of the month, then every month on the 7th of the month the payment will be debited).
The date of debiting is specified in the service agreement.
The agreement is available in the Privat24 mobile application and in your personal account on the website, but you can also print it out at the nearest bank branch.
How long can I sign up for the service?
The service in our store can be arranged for up to 3 payments.
The number of payments offered for different products may vary.
How much can I pay by instalments from PrivatBank?
The minimum order value must be at least UAH 500, and the maximum amount depends on your personal credit card limit.
For example, if your limit is UAH 20 thousand, then you can purchase any number of goods, the total cost of which will not exceed this amount. This can be either a purchase in one store at the same time, or purchases on different days and even in different stores, the main thing is that your limit is sufficient.
